NOT LISTED FOR SALE

28 Independence Dr Basking Ridge, NJ 07920

Estimated Value: $1,909,000 - $2,015,000

4 Beds
4 Baths
-- Sq Ft
0.77 Acres

Last Sold July 09, 2021

Last sale price $1,450,000

Est. 31% increase in value since last sale

Current estimated payment $12,689/month

9 Days on Market

About This Home

As of July 2021

This home is located at 28 Independence Dr, Basking Ridge, NJ 07920 since 01 May 2021 and is currently estimated at $1,943,399. This property was built in 1998. 28 Independence Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

ADRIENNE FRANCIS

COMPASS NEW JERSEY, LLC Brokerage Phone: 908-766-0085 Listed on: 05/01/2021

Last Buyer's Agent

ADRIENNE FRANCIS

COMPASS NEW JERSEY, LLC Brokerage Phone: 908-766-0085 Listed on: 05/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,786

Year Built

  • Built in 1998

Lot Details

  • 0.77 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,786

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Year Built: 1998
  • County Name: Somerset
  • Street Number Display: 28
  • I D: 5066935
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 0.77AC
  • Total Acres: 0.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Jul 8, 2021
Sold by
Friedberg William Peter and Friedberg Mary Elizabeth
Bought by
Zhang Pengfei and Wang Hui
Seller's Agent
ADRIENNE FRANCIS
COMPASS NEW JERSEY, LLC
Buyer's Agent
ADRIENNE FRANCIS
COMPASS NEW JERSEY, LLC
List Price
$1,399,000
Sold Price
$1,450,000
Premium/Discount to List
$51,000
3.65%
Current Estimated Value
$1,894,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,494
Avg. Annual Appreciation
6.93%
Original Mortgage
$1,120,000
Outstanding Balance
$1,021,413
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$886,994

Purchase Details

Closed on
Dec 16, 2015
Sold by
Friedberg William P and Friedberg Mary E
Bought by
Friedberg William P and Friedberg Mary E

Purchase Details

Closed on
Jul 7, 2000
Sold by
Davis Jay
Bought by
Friedberg William and Friedberg Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,001
Interest Rate
8.13%

Purchase Details

Closed on
Mar 13, 1998
Sold by
Independence Hill Lp
Bought by
Davis Jay B and Davis Shawna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhang Pengfei $1,450,000 Westcor Land Title Ins Co
Friedberg William P -- Couch Braunsdorf Title
Friedberg William $984,500 --
Davis Jay B $751,486 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Pengfei $1,120,000
Previous Owner Friedberg William P $387,000
Previous Owner Friedberg William $400,001
Previous Owner Davis Jay B $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $1,450,000 0.0% --
05/17/2021 05/17/21 Pending -- -- --
05/10/2021 05/10/21 Off Market $1,450,000 -- --
05/07/2021 05/07/21 For Sale $1,399,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $27,786 $1,561,900 $428,500 $1,133,400
2023 $27,749 $1,471,300 $428,500 $1,042,800
2022 $28,013 $1,393,000 $428,500 $964,500
2021 $26,800 $1,272,500 $412,800 $859,700
2020 $28,183 $1,345,900 $412,800 $933,100
2019 $28,498 $1,401,100 $412,800 $988,300
2018 $28,252 $1,409,100 $420,800 $988,300
2017 $27,377 $1,376,400 $420,800 $955,600
2016 $25,402 $1,302,000 $412,800 $889,200
2015 $26,094 $1,361,900 $462,900 $899,000
2014 $25,956 $1,342,100 $462,900 $879,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    ADRIENNE FRANCIS

    COMPASS NEW JERSEY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3709207

Garden State MLS

APN: 02-10201-0000-00010

New Jersey Somerset County Basking Ridge 07920

28 Independence Dr, Basking Ridge, NJ

This home is located at 28 Independence Dr, Basking Ridge, NJ 07920 since 01 May 2021 and is currently estimated at $1,943,399. This property was built in 1998. 28 Independence Dr is a home located in Somerset County with nearby schools including Mount Prospect Elementary School, William Annin Middle School, and Ridge High School.

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